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Long story short, I am in a difficult situation with a property of mine and need to get rid of property. We have an offer for someone to purchase our property via Subject To. Anything I need to be aware of or make sur...
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A lot of people here call themselves real estate investors and most are but, can we be honest for a moment? If you haven't actually done a deal you are not yet a real estate investor. At this point you have aspir...
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Hi there,I have maybe stupid question about foreclosure auction of property...I searched all possible documents and info and this SFH with all debt (1 and 2nd mortgage,HOA,attorney and legal fees and interest is aroun...
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Please don't take this the wrong way, because I am really very interested in the answer. Though it may appear condescending, I am sincerely attempting to understand. I just can' think of a way to word it that doesn'...
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So I don't have a company name, LLC, or website for that matter(I am just starting out. I only have 1 property) and I want to cold call on a lead. Side note: this house isn't listed for sale. It is listed for rent. lo...
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I have a friend who makes good money who is in the process of purchasing a second home and turning his current house into a rental. He was told new rules went into place on Jan 1 of this year which would make it very...
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Currently working with a mentor on buying a house using then selling using contract for deed. He's done over 20 houses this way so I know it will succeed in just unsure if it's the best possibility. The house is liste...
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Hello BP, my partner and I were just discussing the length of our purchase and assignment contracts; just curious, what are yours?
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Is there a threshold for when you have to pay capital gains tax? For example do you have to make $100K before you get hit with capital gains? Thanks!
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I've heard differing ways on reporting flipped home sales. The LLC flipped 2 homes in < 1 yr and 2 homes > year. Partnership is dissolving. Do you record sale using 1065 form 4797 capital gains/ losses, show p...